Shares of Cellecor Gadgets Surge After Approval for Incorporation of Overseas Subsidiaries
DSIJ Intelligence-1Categories: Mindshare, Trending
The stock is up by 18 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 200 per cent since its listing on NSE in September 2023.
On Monday, shares of Cellecor Gadgets Limited surged 1.70 per cent to Rs 30.25 per share from its previous closing of Rs 29.85 per share. The stock’s 52-week high is Rs 81.50 per share and its 52-week low is Rs 25.75 per share.
Cellecor Gadgets Limited has officially announced a significant international expansion following a Board of Directors meeting on December 22, 2025. The company approved the formation of two new overseas entities: a wholly owned subsidiary in the United Kingdom, to be named "Cellecor Gadgets UK," and a step-down subsidiary, "Cellecor Gadgets Africa." This African arm will be managed under the UK entity or another appropriate subsidiary, ensuring that ultimate ownership and control remain with the Indian parent company.
This strategic move is designed to accelerate Cellecor’s global growth by establishing a direct presence in key international markets. By seeding operations in the UK and Africa, the company aims to enhance its brand visibility, serve a broader international customer base, and create sustainable long-term value. This initiative reinforces Cellecor’s commitment to becoming a prominent player in the global consumer electronics sector while delivering its high-quality products to a worldwide audience.
About the Company
Cellecor Gadgets Limited has evolved into a leading consumer electronics brand by strategically outsourcing the manufacturing of Smart TVs, wearables, mobile phones and home appliances. By combining a modern sourcing and marketing approach with a commitment to "making happiness affordable," the company delivers innovative, high-quality technology across a diverse product portfolio. Today, Cellecor stands as a prominent industry name, leveraging sustainable growth to meet the rising global demand for accessible electronic solutions.
Results: According to half-yearly results, the net sales increased by 50.7 per cent to Rs 641.5 crore, EBITDA increased by 34.8 per cent to Rs 34.10 crore and net profit increased by 35.20 per cent to Rs 19.60 crore in H1FY26 compared to H1FY25. In its annual results, the net sales increased by 105 per cent to Rs 1,025.95 crore, Profit before Tax (PBT) increased by 91 per cent to Rs 41.43 crore and net profit increased by 92 per cent to Rs 30.90 crore in FY25 compared to FY24.
In September 2025, FIIs bought 1,22,67,000 shares of Cellecor Gadgets Ltd and increased their stake to 8.78 per cent compared to a 3.27 per cent stake in March 2025. The company's shares have an ROE of 25 per cent and an ROCE of 24 per cent. The stock is up by 18 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 200 per cent since its listing on NSE in September 2023.
Disclaimer: The article is for informational purposes only and not investment advice.